An Empire of Wealth: The Epic History of American Economic Power, by John Steele Gordon
“Throughout time, from ancient Rome to modern Britain, the great empires built and maintained their dominion through force of arms and political power over alien peoples. In this illuminating work of history, John Steele Gordon tells the extraordinary story of how the United States, a global power without precedent, became the first country to dominate the world through the creation of wealth. The American economy is by far the world's largest, but it is also the most dynamic and innovative. The nation used its English political inheritance, as well as its diverse, ambitious population and seemingly bottomless imagination, to create an unrivaled economy capable of developing more wealth for more and more people as it grows.”
Basic Economics, by Thomas Sowell
“Basic Economics is a citizen's guide to economics, written for those who want to understand how the economy works but have no interest in jargon or equations. Bestselling economist Thomas Sowell explains the general principles underlying different economic systems: capitalist, socialist, feudal, and so on. In readable language, he shows how to critique economic policies in terms of the incentives they create, rather than the goals they proclaim. With clear explanations of the entire field, from rent control and the rise and fall of businesses to the international balance of payments, this is the first book for anyone who wishes to understand how the economy functions.”
An Inquiry Into the Nature and Causes of the Wealth of Nations, by Adam Smith and R. H. Campbell (Editor)
“First published in 1776, the year in which the American Revolution officially began, Smith’s Wealth of Nations sparked a revolution of its own. In it Smith analyzes the major elements of political economy, from market pricing and the division of labor to monetary, tax, trade, and other government policies that affect economic behavior. Throughout he offers seminal arguments for free trade, free markets, and limited government.”
Alexander Hamilton, by Ron Chernow
“The #1 New York Times bestseller, and the inspiration for the hit Broadway musical Hamilton! Few figures in American history have been more hotly debated or more grossly misunderstood than Alexander Hamilton. Chernow’s biography gives Hamilton his due and sets the record straight, deftly illustrating that the political and economic greatness of today’s America is the result of Hamilton’s countless sacrifices to champion ideas that were often wildly disputed during his time.”
The Founders and Finance: How Hamilton, Gallatin, and Other Immigrants Forged a New Economy, by Thomas K. McCraw
“In 1776 the United States government started out on a shoestring and quickly went bankrupt fighting its War of Independence against Britain. At the war’s end, the national government owed tremendous sums to foreign creditors and its own citizens. But lacking the power to tax, it had no means to repay them. The Founders and Finance is the first book to tell the story of how foreign-born financial specialists?immigrants?solved the fiscal crisis and set the United States on a path to long-term economic success. Pulitzer Prize–winning author Thomas K. McCraw analyzes the skills and worldliness of Alexander Hamilton (from the Danish Virgin Islands), Albert Gallatin (from the Republic of Geneva), and other immigrant founders who guided the nation to prosperity."
Fur, Fortune, and Empire: The Epic History of the Fur Trade in America, by Eric Jay Dolin
“In Fur, Fortune, and Empire, best-selling author Eric Jay Dolin chronicles the rise and fall of the fur trade of old, when the rallying cry was "get the furs while they last." Beavers, sea otters, and buffalos were slaughtered, used for their precious pelts that were tailored into extravagant hats, coats, and sleigh blankets. To read Fur, Fortune, and Empire then is to understand how North America was explored, exploited, and settled, while its native Indians were alternately enriched and exploited by the trade. As Dolin demonstrates, fur, both an economic elixir and an agent of destruction, became inextricably linked to many key events in American history, including the French and Indian War, the American Revolution, and the War of 1812, as well as to the relentless pull of Manifest Destiny and the opening of the West.”
John Jacob Astor: America’s First Multimillionaire, by Axel Madsen
“Expertly situating his subject's accomplishments in the context of late 18th- and early 19th-century commercial and geopolitical expansion, Madsen weighs in with an absorbing biography of one of 19th-century America's most powerful men. Having immigrated to the U.S. from Germany in 1783, Astor was on friendly terms with such prominent figures as Thomas Jefferson, James Madison and Albert Gallatin by the time he came to dominate the North American fur trade in 1800. While Astor's relationships with Jefferson and others characterized the wheeling and dealing in fledgling Washington, D.C., his mastery over the fur trade figured significantly in opening up the American West.”
The Great Game: The Emergence of Wall Street as a World Power: 1653-2000, by John Steele Gordon
“A vividly rendered history of this important stretch of real estate traces the long rise of Manhattan's storied financial district from colonial outpost to the technological epicenter of world finance, chronicling the cast of visionaries, power brokers, and criminals who made it happen.”
Wedding of the Waters: The Erie Canal and the Making of a Great Nation, by Peter L. Bernstein
“The building of the Erie Canal, like the construction of the Brooklyn Bridge and the Panama Canal, is one of the greatest and most riveting stories of American ingenuity. Best-selling author Peter Bernstein presents the story of the canal's construction against the larger tableau of America in the first quarter-century of the 1800s. Examining the social, political, and economic ramifications of this mammoth project, Bernstein demonstrates how the canal's creation helped prevent the dismemberment of the American empire and knit the sinews of the American industrial revolution.”
Gibbons v. Ogden: John Marshall, Steamboats, and Interstate Commerce (Landmark Law Cases & American Society), by Herbert A. Johnson
“What began as a standoff between competing steamship entrepreneurs ended as one of the Supreme Court's most significant cases. Gibbons v. Ogden in 1824 brought into sharp relief the ongoing tug-of-war for power between individual states and the federal government. By applying the Commerce Clause of the Constitution, the Court set a key precedent for federal authority. But, behind the scenes, the "Steamboat Case" also demonstrated Chief Justice John Marshall's instrumental role as mediator on the bench. Untangling the issues and the arguments in Gibbons, Herbert Johnson reveals the lasting impact of this landmark case on both commerce in the Early Republic and the understanding and growth of federal power during the last 200 years.”
The First Tycoon: The Epic Life of Cornelius Vanderbilt, by T.J. Stiles
“NATIONAL BESTSELLER AND WINNER OF THE NATIONAL BOOK AWARD. In this groundbreaking biography, T.J. Stiles tells the dramatic story of Cornelius “Commodore” Vanderbilt, the combative man and American icon who, through his genius and force of will, did more than perhaps any other individual to create modern capitalism. Meticulously researched and elegantly written, The First Tycoon describes an improbable life, from Vanderbilt’s humble birth during the presidency of George Washington to his death as one of the richest men in American history. In between we see how the Commodore helped to launch the transportation revolution, propel the Gold Rush, reshape Manhattan, and invent the modern corporation. Epic in its scope and success, the life of Vanderbilt is also the story of the rise of America itself.”
Union Pacific: America’s Greatest Railroad from 1862 to the Present (three volumes), by Maury Klein
“Praised by the Chicago Tribune as "thoroughly and compellingly detailed history," Volumes I and II of Maury Klein's monumental history of the Union Pacific Railroad covered the years from 1862-1969. Now the third and final volume brings the story of the Union Pacific--the oldest, largest, and most successful railroad of modern times--fully up to date. The book follows the trajectory of an icon of the industrial age trying to negotiate its way in a post-railway world, plagued by setbacks such as labor disputes, aging infrastructure, government de-regulation, ill-fated mergers, and more.”
The Life and Legend of Jay Gould, by Maury Klein
“He was, for Joseph Pulitzer, "one of the most sinister figures that have ever flitted bat-like across the vision of the American people." According to the New York Times, "the work of reform is but half done... when people claiming to be respectable are not ashamed of being associated with a man such as he." He was Jay Gould, the individual who for a century has been singled out as the most despicable and unscrupulous of the Robber Barons. In this splendid biography, Maury Klein paints the most complete portrait of the notorious Gould that we have ever had. His Gould is a brilliant but ruthless businessman who merged dying railroads into expansive and profit-making lines, including the giant Union Pacific.”
Titan: The Life of John D. Rockefeller, by Ron Chernow
“From the acclaimed, award-winning author of Alexander Hamilton: here is the essential, endlessly engrossing biography of John D. Rockefeller, Sr.—the Jekyll-and-Hyde of American capitalism. In the course of his nearly 98 years, Rockefeller was known as both a rapacious robber baron, whose Standard Oil Company rode roughshod over an industry, and a philanthropist who donated money lavishly to universities and medical centers. He was the terror of his competitors, the bogeyman of reformers, the delight of caricaturists—and an utter enigma.”
The Autobiography of Andrew Carnegie and the Gospel of Wealth, by Andrew Carnegie
“The enlightening memoir of the industrialist as famous for his philanthropy as for his fortune. His good friend Mark Twain dubbed him “St. Andrew.” British Prime Minister William Gladstone called him an “example” for the wealthy. Such terms seldom apply to multimillionaires. But Andrew Carnegie was no run-of-the-mill steel magnate. At age 13 and full of dreams, he sailed from his native Dunfermline, Scotland, to America. The story of his success begins with a $1.20-a-week job at a bobbin factory. By the end of his life, he had amassed an unprecedented fortune.”
Carnegie, by Peter Krass
“One of the major figures in American history, Andrew Carnegie was a ruthless businessman who made his fortune in the steel industry and ultimately gave most of it away. He used his wealth to ascend the world's political stage, influencing the presidencies of Grover Cleveland, William McKinley, and Theodore Roosevelt. In retirement, Carnegie became an avid promoter of world peace, only to be crushed emotionally by World War I. In this compelling biography, Peter Krass reconstructs the complicated life of this titan who came to power in America's Gilded Age.”
Morgan: American Financier, by Jean Strouse
“The definitive full-scale portrait of J. Pierpont Morgan’s tumultuous life, both in and out of the public eye. History has remembered him as a complex and contradictory figure, part robber baron and part patron saint. J. Pierpont Morgan earned his reputation as “the Napoleon of Wall Street” by reorganizing the nation’s railroads and creating industrial giants such as General Electric and U.S. Steel. At a time when the country had no Federal Reserve System, he appointed himself a one-man central bank. He had two wives, three yachts, four children, six houses, mistresses, and one of the finest art collections in America. In this extraordinary book, drawing extensively on new material, award-winning biographer Jean Strouse vividly portrays the financial colossus, the avid patron of the arts, and the entirely human character behind all the myths.”
Capitalism in America: A History, by Alan Greenspan and Adrian Wooldridge
“From the legendary former Fed Chairman and the acclaimed economist writer and historian, the full, epic story of America's evolution from a small patchwork of threadbare colonies to the most powerful engine of wealth and innovation the world has ever seen… From even the start of his fabled career, Alan Greenspan was duly famous for his deep understanding of even the most arcane corners of the American economy, and his restless curiosity to know even more. To the extent possible, he has made a science of understanding how the U.S. economy works almost as a living organism--how it grows and changes, surges and stalls. He has made a particular study of the question of productivity growth, at the heart of which is the riddle of innovation. Where does innovation come from, and how does it spread through a society?”
The People’s Tycoon: Henry Ford and the American Century, by Steven Watts
“Henry Ford, a major architect of modern America, has lived on in the imagination of his fellow citizens as an enduring figure of fascination, an inimitable individual, a controversial personality, and a social visionary from the moment his Model T brought the automobile to the masses and triggered the consumer revolution. But never before has his outsized genius been brought to life so vividly as by Steven Watts in this major new biography.”
The Power Makers: Steam, Electricity, and the Men Who Invented Modern America, by Maury Klein
“Maury Klein is one of America's most acclaimed historians of business and society. In The Power Makers, he offers an epic narrative of his greatest subject yet - the "power revolution" that transformed American life in the course of the nineteenth century. The steam engine; the incandescent bulb; the electric motor-inventions such as these replaced backbreaking toil with machine labor and changed every aspect of daily life in the span of a few generations. The cast of characters includes inventors like James Watt, Elihu Thomson, and Nikola Tesla; entrepreneurs like George Westinghouse; savvy businessmen like J.P. Morgan, Samuel Insull, and Charles Coffin of General Electric. Striding among them like a colossus is the figure of Thomas Edison, who was creative genius and business visionary at once. With consummate skill, Klein recreates their discoveries, their stunning triumphs and frequent failures, and their unceasing, bare-knuckled battles in the marketplace. In Klein's hands, their personalities and discoveries leap off the page. The Power Makers is a dazzling saga of inspired invention, dogged persistence, and business competition at its most naked and cutthroat--a biography of America in its most astonishing decades.”
Mellon: An American Life, by David Cannadine
“A landmark work from one of the preeminent historians of our time: the first published biography of Andrew W. Mellon, the American colossus who bestrode the worlds of industry, government, and philanthropy, leaving his transformative stamp on each. Following a boyhood in nineteenth-century Pittsburgh, during which he learned from his Scotch-Irish immigrant father the lessons of self-sufficiency and accumulation of wealth, Andrew Mellon overcame painful shyness to become one of America’s greatest financiers.”
Freedom’s Forge: How American Business Produced Victory in World War II, by Arthur Herman
“NEW YORK TIMES BESTSELLER • SELECTED BY THE ECONOMIST AS ONE OF THE BEST BOOKS OF THE YEAR. Remarkable as it may seem today, there once was a time when the president of the United States could pick up the phone and ask the president of General Motors to resign his position and take the reins of a great national enterprise. And the CEO would oblige, no questions asked, because it was his patriotic duty. In Freedom’s Forge, bestselling author Arthur Herman takes us back to that time, revealing how two extraordinary American businessmen—automobile magnate William Knudsen and shipbuilder Henry J. Kaiser—helped corral, cajole, and inspire business leaders across the country to mobilize the “arsenal of democracy” that propelled the Allies to victory in World War II.”
Walt Disney: The Triumph of the American Imagination, by Neal Gabler
“From Neal Gabler, the definitive portrait of one of the most important figures in twentieth-century American entertainment and cultural history. Seven years in the making and meticulously researched—Gabler is the first writer to be given complete access to the Disney archives—this is the full story of a man whose work left an ineradicable brand on our culture but whose life has largely been enshrouded in myth. Gabler shows us the young Walt Disney breaking free of a heartland childhood of discipline and deprivation and making his way to Hollywood. We see the visionary, whose desire for escape honed an innate sense of what people wanted to see on the screen and, when combined with iron determination and obsessive perfectionism, led him to the reinvention of animation. It was Disney, first with Mickey Mouse and then with his feature films—most notably Snow White, Pinocchio, Fantasia, Dumbo, and Bambi—who transformed animation from a novelty based on movement to an art form that presented an illusion of life.”
The Change Makers: From Carnegie to Gates, How the Great Entrepreneurs Transformed Ideas into Industries, by Maury Klein
“From one of America's foremost business historians, a penetrating and engaging look at the qualities that create great entrepreneurs. Entrepreneurs, even more than inventors, are essential to American business. While inventors produce ideas, entrepreneurs get things done, build the markets, make ideas reality. But what creative talents do the legendary American entrepreneurs share, and what can you learn from them about business success? Using lively character sketches and company stories, University of Rhode Island professor and author Maury Klein analyzes how innovators from Andrew Carnegie to Bill Gates triumphed over perennial challenges in planning and strategy, production, operations, staffing, and sales-and transformed entire industries. Comparing the retailing acumen of J.C. Penney and Wal-Mart's Sam Walton, the organizational ingenuity of Standard Oil's John D. Rockefeller and Citigroup's Sandy Weill, the imaginative marketing of General Motors' Alfred Sloan and MacDonald's Ray Kroc, Klein reveals the art and archetype of successful entrepreneurialism. Moving beyond the clichés, he describes the artistry of great businessmen who build empires and dreams as well as fortunes.”
The Ascent of Money: A Financial History of the World, by Niall Ferguson
“Niall Ferguson follows the money to tell the human story behind the evolution of finance, from its origins in ancient Mesopotamia to the latest upheavals on what he calls Planet Finance. Bread, cash, dosh, dough, loot, lucre, moolah, readies, the wherewithal: Call it what you like, it matters… To generals, it’s the sinews of war. To revolutionaries, it’s the chains of labor. But in The Ascent of Money, Niall Ferguson shows that finance is in fact the foundation of human progress.”
